Advances in computer and electrical engineering book series
Quantum Computing in Healthcare
N. Ambika
Abstract
This research examined national elections' impact on crash risks of individual stocks listed in the Indonesia Stock Exchange. The study used national elections as a proxy for political uncertainty and negative skewness of stock returns as a proxy for crash risk. On the industry level, researchers found nuances in which national elections' impact varies according to industry, with some industries tending to have a greater risk of crash than others during national elections and post-national election periods.